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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod…
Nataliya Klimova
We present here the results of our research study for the role of different forms of training university managers. It is shown as the part of statistical study that MBA forms are preferabl e . Moreover , it is shown that such results are much the same with en…
Yingming Li, Haibo Qin
Since late 1990s, China has made smooth progress in ecological conservation and construction. Now, the following characteristics of ecological protection are presented: 1) China is still facing severe challenges in ecological conservation and construction; 2)…
Magnus Helgesson, Bo Johansson, Tobias Nordqvist, Ingvar Lundberg, Eva Vingård
The youth unemployment rate is increasing in many countries and unemployment affects future work participation. Immigrants have more difficulties than natives in succeeding on the labour market. This study examined the long-term effect of unemployment on futu…
Le Duc Niem, Taegi Kim
This paper investigates the impact of economic development on international trade and sources of gains from trade based on a theoretical model that considers consumers’ preference diversity for quality and economies of scale in production. We confirm that bot…
Michael Danquah, Alfred Barimah, Williams Ohemeng
In this paper , we attempt to compare the results of stochastic frontier models that control for unobserved heterogeneity in the inefficiency model, and unobserved (parameter) heterogeneity in the production model respectively. We estimate a “true” random eff…
Mikael Linden
The firm level market structure of the Finnish beta blocker market in the period from 1997Q1 to 2007Q4 is analyzed with data analysis and with panel data regression methods. Four different market concentration measures are used. Although drug prices have decr…
Kanghua Zeng, Shan Li, Qian Li
This paper aims to study the mechanism of how economic growth and tax reform affect total tax revenue and structure over the period (1950-2011). On the basis of the introduction of China’s previous main measures in tax reform, this paper uses methods as descr…
Ke Chen
Many urban communities in the United States faced deteriorating physical infrastructure and social environment in the second half of the 20 th century. To restore such inner city neighborhoods, many neighborhoods have adopted historic preservation as a means…
Gerald Aranoff
John M. Clark in his classic 1923 Economics of Overhead Costs asks if anyone knows what it costs to supply demand irregularity. He also asks if consumers need demand irregularity, consciously or unconsciously. We provide a model for a plausible theoretical ba…
Patrice Gélinas
Unexpected takeover premiums could be due to the limitations of traditional discounted cash flow models that do not take into account the synergetic potential of the valued assets, which should be acquired by another firm. The author offers a method to value…
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Modern Economy (ME) is an international journal dedicated to the latest advancements in all areas of international economics. The goal of this journal is to provide a platform for scientists and academicians all over the world to promote, share, and discuss various new issues and developments in different areas of mod… All articles are open access under a CC BY 4.0 licence, with authors retaining copyright.
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